Hedera HBAR Gains Bullish Traction as Open Interest Surges to 11.89M Contracts

Hedera Hashgraph (HBAR) is breaking out of months of consolidation between $0.11 and $0.15, with technical indicators suggesting upward potential. Open interest has jumped to 11.89 million contracts, indicating renewed trader confidence in the asset.

The cryptocurrency's trading volume saw significant growth in late Q2 2025, pointing to active accumulation. A clear breakout above the $0.1616 resistance level could open the door for a rally toward the $0.18–$0.20 range.

Derivatives activity reveals an interesting trend. After reaching a peak of 452 million contracts in February 2024 during an unsustainable rally, open interest has stabilized at higher levels. The current 11.89 million contract reading shows substantial growth from yearly lows, reflecting new capital entering HBAR markets.